BNBUSDT I have initiate a long in BNB coin with SL of 400 and targets of 800 USDT
best place is buy to buy is between 500-500 USDT
tHANKS
Bnbcoin
bnb support
cryptos majors still lagging going down despite of the china bans news got factored in
bnb after resisting from 360 it lagged/consolidate around 340 area and broke it down
rushing towards next support of 319-320
BNB fails to rally further, dips once down the lineLast week, Binance managed to hit the $400 and started surging from there, doing exceptionally well. It even hit $425 in this due course. However, the bulls did not rally past this point and the price started falling the other side. The last few days, the price moved only at $398 and below. However, today it again resumed to the $400 mark with a bullish candle in hand. But currently, the price again tripped into its previous range. The trend angle shows a -6% difference from between the current price and nearest high that strikes at $422.19. Currently the movement is bearish and may dip in the coming hours near $395 shortly. Supporting this, RSI is falling, seen at 52.7 with a buy signal indicator.
Resistance level seen at $ 398.88
Support level strikes at $386.31
BNB ON DAY TIME FRAMEWe were bullish on BNB coin because it’s had also formed the same pattern as ETH and with a Bull run in crypto market we achieved our target.
